On September 26, the State University of New York Maritime College hosted a conference on the emerging east coast offshore wind industry. “Offshore Wind Power, Planning for America’s Ocean Energy” focused on four fundamental topics:• East Coast Wind Farm Overview – Status of the Industry.• Jobs and Supply Chain Technical Working Group.• Wind Farm Port Development.
“In God we trust. All others must have data.”When Ed Grimm took the helm of Southern Towing Company (STC)as President and CEO, he inherited an enviable team of leaders, engineers, mentors, communicators and analysts. Today STC is a clear leader on the inland waterways, pioneering and proving the business and safety value of Z-Drives on the river towboats.
As the 90th anniversary of Robert Allan Ltd. approaches it is quite timely to address the development of Robert Allan’s designs as the years passed by and technology changed.When the first Robert Allan came out to Canada at the end of the First War he was a trained naval architect experienced in the design of rivetted steel ships.
Hindsight, they say is 20/20, and in this regard renowned design house Gibbs & Cox has nine decades in the rear view mirror on which to lean. We recently caught up with Chris Deegan, President and CEO of Gibbs & Cox, celebrating its 90th anniversary in 2019, to discuss the organization’s rich history and promising future.
Newbuild MarketUnsurprisingly, across the offshore sectors, newbuild orders have been scarce to none. Oversupply is still a major problem for the industry and due to slippage, ordering vessels now would be counterproductive. Why order brand new vessels from a yard and wait several years for these to be delivered
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has ordered two liquefied natural gas (LNG) carriers with with Hudong-Zhonghua Shipbuilding backed by long-term contracts with Malaysia's energy giant Petronas.The 12-year contract to charter them to Petronas starts in 2022, with an option for an extension for a further 12 years.
A flotilla of oil tankers is sailing empty from Europe and the Mediterranean toward the U.S. Gulf Coast to take advantage of surging shipping rates, according to shipping sources and Refinitiv Eikon data on Monday.Eight tankers, an unusually high number, are in the Atlantic and steaming to the United States, with capacity of up to 5.6 million barrels of oil combined, the people said.
Federal and local investigators on Sunday carried out search warrants involving the owners of a diving boat that caught fire off the California coast in the middle of the night last week, killing 34 people.Agents from the FBI, the Bureau of Alcohol, Tobacco and Firearms, the U.S. Coast Guard and the Santa Barbara Sheriff's Office searched the offices and two additional vessels owned by Truth
Philly Shipyard, Inc. (PSI) , formerly Aker Philadelphia Shipyard, has commenced work on its first contract to perform modernization, repair and maintenance work on a government ship, the SS Antares.The sole operating subsidiary of Philly Shipyard ASA said in a press note that the SS Antares is an Algol class vehicle cargo ship, owned by the U.S.
Qatar based S'hail Shipping and Maritime Services has added two panamax dry bulk carrier into the Baumarine pool, a specialized panamax, kamsarmax and post-panamax pool run by Torvald Klaveness.The Norwegian shipping company said in a press note that the good vessels MV S’hail al Rayan and MV S’hail al Dukhan of S’hail Shipping recently joined its pool.
Finland-based Langh Tech designs, the provider of scrubbers for SOx removal from exhaust gases and water treatment units for closed loop scrubbers, has successfully delivered a scrubber system to the Chios Navigation 50.000 dwt Medium Range product Tanker, a new-building from Hyundai Mipo Shipyard.
Teekay Offshore Partner, a marine energy transportation, storage & production company, has signed for a shipping export credit agency (ECA)-backed US$414m debt facility to fund four LNG-fuelled newbuild shuttle tankers.Watson Farley & Williams (WFW) is advising its long-standing client Teekay on this ECA-backed newbuild loan, noted a release.